SPEC (The Salon Professional Academy / Elevate Salon Institute / Powered by SPEC)

Franchise Information

Analyzed filing: NY · File #328504

FDD issued: Apr 17, 2026

FDD Issued: Apr 17, 2026

Extracted: Oct 25, 2026

Analyzed

Franchisor Details

Name: Salon Professional Education Company, LLC

Address: 4377 15th Avenue South, Fargo, ND 58103

Phone: 888-478-6856

Website: www.SPECfranchise.com

Franchising Since: 2008

Industry & Qualifications

Industry

Education & Training

Franchise Fee

$49,000

Royalty

6.0%

Total Investment

$194K - $2.07M

Initial Term

15 years

Renewable

Outlet Information

Total Outlets (2025)

Franchised

Company-Owned

Opened (Last Year)

Churn Breakdown (Last Year)

Terminations

Ceased Ops

Transfers

Reacquired

Exclusive Territory

No exclusive territory regarding primary trademarks different than your own; fra...

Item 19 (Financial Performance)

Disclosed

26 franchised locations operating all of 2024 with audited financials (3 ELEVATE...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2024)

$2,018,699

Median

$2,005,992

Top 25% Avg

$3,178,002

Bottom 25% Avg

$1,187,488

Highest

$4,029,826

Lowest

$637,973

% Achieving Avg

50.0%

Sample Size

26 units

Legal History

Litigation: Yes

December 2021 action against franchisee Vara School Professionals, Inc. d/b/a The Salon Professional...

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
328504	441215_Franchise__The_Salon_Professional_Academ_New York_328504.pdf Canonical 2026 analysis · newest filing	NY	Apr 17, 2026 FDD issue date	Restricted

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